Cheap Homes for Rent in Greenwood, LA from $500 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in Greenwood.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 3323 Darien St

3323 Darien St

ShreveportLA71109

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Greenwood, LA Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, LA is a Studio unit found at Fox Trail Apartments in the Southwest Shreveport neighborhood priced from $575. HIDDEN COVE in the W Outlying Caddo Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox Trail ApartmentsMagnoliaStudio,1BA$575
HIDDEN COVE1 Bedroom, 1 Bath1BR,1BA$595
Lifestyle on Golf Links1 Bed 1 Bath1BR,1BA$625
Villa Del Lago Apartments1BR/1.0BA1BR,1BA$675
Riverdale1 Bedroom1BR,1BA$685

Best Value Apartments for Rent in Greenwood, LA and Nearby

As of July 23, 2025 the best value apartment in the Greenwood area is the $0.74 price per square foot Magnolia Model at South Pointe Apartments in the in the Westwood neighborhood starting from $736. The second greatest value Greenwood apartment is the Catallena Model at The Creole starting at $955 with a $0.97 price per square foot in the Southwood neighborhood. Here is today’s list of the best values for Greenwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Pointe ApartmentsMagnolia2BR,2BA$0.74
The CreoleCatallena2BR,2BA$0.97
The MarqCypress2BR,2BA$0.85
Lifestyle on Pines2 Bed 1 Bath2BR,1BA$0.99
Colony Square2BR/2.0BA2BR,2BA$0.95
Towers at Cross LakeCove Cottage1BR,1BA$0.91
Lifestyle on Lakeshore2 Bed 1 Bath2BR,1BA$0.99
Villa Del Lago Apartments1BR/1.0BA1BR,1BA$0.93
Riverdale1 Bedroom1BR,1BA$0.95
Lifestyle on Golf Links1 Bed 1 Bath1BR,1BA$0.95

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Greenwood

What type of rentals are currently available in Greenwood?

There are currently 33 Apartments for Rent in Greenwood, LA with pricing that ranges from $595 to $2,558. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $500 to $2,800.

What is the current price range for Rental Homes in Greenwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenwood ranges from $500 to $2,800 with an average monthly rent of $1,376.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.